Problem 2: The following information is for Redwood Inc. for the year ended December 31, 2013. Redwood had a cash and cash equivalents balance of $5,200 on January 1, 2013. Cash received from Customers $ 1.900 Interest on investments 200 Sale of land 100 Sale of common stock 600 Issuance of debt securities 2,000 80 Cash paid for Interest on debt $ 300 Income tax Debt principal reduction 1.500 Purchase of equipment 4,100 Purchase of inventory 1,000 Dividends on common stock 200 Operating expenses 500 Required: Prepare a statement of cash flows for the year using the direct method